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cnbc.com
Trump says oil supermajors are making too much money. What will they do with it?
The windfall is fueling fresh political and environmental backlash, with Trump accusing Exxon Mobil and Chevron of making “too much money.”
cnbc.com
Oil rises amid uncertainty over U.S.-Iran Strait of Hormuz deal
Oil rose as traders assess mixed signals from the U.S. and Iran amid worries that a deal to open the Strait of Hormuz may not be coming anytime soon.
cnbc.com
CNBC Daily Open: Washington and Tehran both play it cool — but markets can't
September rate-hike chances have fallen, but a hot inflation print or renewed disruption in the Strait of Hormuz could put them back in play.
bbc.co.uk
You could be missing out on £150 off your energy bill - here's how to check
Some people need to ensure they are named on their energy bill before the deadline to qualify for help.
theguardian.com
Cut £175 from energy bills for low-income homes, says thinktank
Resolution Foundation proposes £2bn emergency scheme to help people facing higher costs this winterLabour should draw up an emergency plan to cut energy prices for low-income families by up to £175 this winter, the Resolution Foundation has said.One of Andy Burnham’s first policy announcements as prime minister was to remove VAT temporarily from electricity bills, saving households about £45 a year. Continue reading...
theguardian.com
Burnham vows crackdown on ‘rip-off’ business practices to ease cost of living
First of PM’s ‘everyday fixes’ to be banning fake discounts and making it easier to cancel unwanted subscriptionsAndy Burnham: I’ll end the rip-offs that people hateAndy Burnham has promised a series of measures to tackle the cost of living, including a ban on fake discounts and making it easier for people to escape unwanted subscriptions.The crackdown on “rip-off” business practices is expected to benefit consumers to the tune of £400m a year and will be the first in a range of “everyday fixes” to be implemented in the coming months. Continue reading...
cnbc.com
Iran denies any direct talks with U.S. on opening Strait of Hormuz as Houthis claim attack on Saudi refinery
Iran's foreign minister reportedly said his country is not engaging in talks with the U.S., but added: "Messages are being exchanged through intermediaries."
theguardian.com
London mayor orders council to drop plan to ban new pubs and bars in Soho and West End
Exclusive: Sadiq Khan urges Westminster council to adopt ‘positive vision of economic growth’ of nightlifeSadiq Khan has ordered Westminster council to scrap a policy that would ban new pubs and bars from opening in Soho and the West End of London.This comes after the Guardian revealed the council’s new licensing policy asks pubs to stop customers from standing up while consuming beverages, which it calls “vertical drinking”. The policy is under consultation and also asks pubs to have table service rather than allowing orders at the bar. Continue reading...
theguardian.com
Chinese EV sales surge to new high in Europe putting tariffs under scrutiny
Imports this year now account for 14% of the market amid claims vehicles are being dumped in the EU and UKChinese electric car sales have risen across Europe to a record high driven by strong demand and low tariffs in the UK and a surge in buyers in Italy.Against a backdrop of claims that Chinese carmakers are “dumping” state-subsidised vehicles in the EU and UK to gain market share, the figures will give impetus to calls for quotas and higher tariffs to protect European manufacturers. Continue reading...
theguardian.com
‘I’ve definitely lost followers’: influencers face backlash over Meta ‘pervert glasses’ content
Using ‘spy glasses’ made by Facebook owner leads to floods of negative comments, say content creators It was hardly an offensive video. Amid the buzz of the Tour de France finale, Oliver Hooson filmed himself whipping up a delicious-looking flat white for a fellow cycling enthusiast. But after posting the footage on social media, the comments that soon rolled in were a real shock. “PERV,” read one. “Out here pushing creep glasses,” said another. His mistake? Documenting the moment with Meta’s “spy glasses”.Despite being marketed as the latest must-have gadget, Meta’s smartglasses, which can record video footage while being worn, have faced a vicious backlash, particularly relating to concerns about surveillance. There are widespread fears about the glasses being used to film people, especially women, without their consent, and the resultant footage being posted on social media. This has earned them the label of “pervert glasses”, and content creators, no matter how they are used, have faced a flood of negative comments for deploying them. Continue reading...
theguardian.com
Readers reply: What do you wish you could buy in vending machines?
The long-running series in which readers answer other readers’ questions on subjects ranging from trivial flights of fancy to profound scientific and philosophical conceptsRead this week’s new question: How is it physically possible to continue breaking sporting records?I’ve heard that in Germany you can buy sausages in vending machines. What should be sold in machines that isn’t offered at the moment? Sybil Freestone, OregonSend new questions to nq@theguardian.com. Continue reading...
cnbc.com
Myspace eyes comeback as an 'antidote' to social media fatigue — but it may be a long shot
"Excitement about Myspace's relaunch reflects nostalgia for a more analog time, when algorithms were less dominant in our lives," an analyst told CNBC.
cnbc.com
Abel puts a big chunk of Berkshire's cash to work
In his second quarter as the new CEO of Berkshire Hathaway, Greg Abel did some serious spending, including $4.5 billion on buybacks.
cnbc.com
How a small Israeli startup was linked to rogue AI hacks at OpenAI, Anthropic and Meta
The rogue AI attacks involving OpenAI, Anthropic and Meta all tied back to a small Israeli startup named Irregular.
theguardian.com
As AI guzzles water and energy, we are already facing a choice: datacentres or homes? | John Harris
Whitehall wants to triple their number in the UK. Yet in Slough, I saw the impact they’re having on communitiesAmid headlines about the UK’s drought, Europe’s wildfires and impossible global temperatures, it was 28C when I arrived in Slough last Monday. I was there to look around Slough Trading Estate, a place that might once have conjured up images of the TV comedy The Office, many of whose laughs came at the expense of this overgrown patch of suburbia, 20-odd miles west of London.But these days, this area of town – an incongruous mixture of old-school businesses such as Mr Clutch and Angling Direct, and vast, metal-clad leviathans that look like something pulled from JG Ballard – has become a byword for the constant expansion of datacentres, those hulking symbols of the vast computing power that big tech now requires, not least because of the ever-more complex workings of artificial intelligence. Continue reading...
theguardian.com
Britain is paying the price for failing to invest in its young people | Richard Partington
Alan Milburn has outlined a generation cut adrift by austerity. We must grasp the nettle and rebuild a preventive stateMost people think Britain is not working as it should. For young people, the situation is at its most acute: only one in four believe that everyone in society has a fair crack. Most think the game is rigged.It is clear why the generation who grew up during the post-2008 crash austerity years and in the shadow of the Covid pandemic are downbeat: the level of public service provision their parents enjoyed is gone, living costs are rising, the AI revolution is changing everything, and the planet is on fire. Continue reading...
theguardian.com
AI push is putting banks at mercy of tech firms, warns Moody’s
Finance sector will gain from the tech but it will need substantial investment and create risks, says rating agencyThe rating agency Moody’s has said the race to adopt AI is putting big banks at the mercy of a small group of Silicon Valley firms, leaving them vulnerable to widespread outages and price gouging by profit-hungry tech bosses.The financial sector’s efforts to integrate AI into day-to-day operations will eventually cut costs and increase revenues across the City and Wall Street, Moody’s said. Continue reading...
theguardian.com
‘Like being in prison’: the ship crews stuck in Gulf since February
US-Iran war has stranded up to 20,000 seafarers, mostly Indian and Filipino crews, with none knowing when the nightmare will endThe panicked crew of a cargo ship broadcast a distress signal late on Monday night from their location in the strait of Hormuz. About 20 nautical miles north of the coast of Oman, the Minoan Pioneer bulk carrier was hit by an unknown projectile, causing a blackout in the engine room and a fire in the accommodation area.The crew scrambled to put out the blaze and called for help from nearby vessels. When they managed to disembark from the Greek-owned, Liberian-flagged ship on Tuesday morning, they realised the third engineer was missing. Days later, he is yet to be found. Continue reading...
theguardian.com
Sweet, soft and playful: TikTok turns Japanese milk bread into UK’s latest food craze
Shokupan, fresh fruit sandwiches and soufflé pancakes are part of a growing interest in east Asian cuisine Golden brown and glistening with melted butter, a tray of freshly baked bread fills the screen in a TikTok video. The camera lingers on the glossy tops before one bun is gently pulled apart, revealing a cloud-soft interior.The clip is one of countless videos of Japanese milk buns that have racked up millions of views and thousands of comments and shares, helping to propel the pillowy rolls into UK supermarkets. Continue reading...
theguardian.com
‘Watch The Odyssey for free online’: scam targets film fans with fake streaming sites
Those tempted to access fake websites run risk of phishing scams and having computer infected with malwareThe Odyssey is the hottest release this summer and you have been looking forward to seeing the much-acclaimed adaptation of Homer’s epic ancient Greek poem. But you have been unable to go to the cinema, so when you spot an ad to watch online, you jump at the chance.There are positive reviews posted on the site so you decide to sign up. Although it asks for your bank details – which is unusual for a “free” trial – you are so eager to watch the blockbuster you input your details. Continue reading...
theguardian.com
DPD temporary workers may have missed out on sick pay and pensions, internal documents show
Missing payments suggest employment laws may have been breached by recruitment agencies used by courier companyLow-paid temporary workers at one of the UK’s top courier businesses have missed out on entitlements to sick pay and pension contributions, internal documents suggest.The payments – typically included in the “charge rate” that large brands pay recruitment companies to supply them with temporary workers – are missing from internal spreadsheets calculating the cost of employing thousands of transient staff working at DPD. Continue reading...
theguardian.com
Blame game as Brussels builds ‘Europe’s largest frying pan’ instead of shady square
Architect’s vision for redevelopment of heart of EU quarter unrealised amid political wrangling and rising costsThe redevelopment plan for Schuman Square at the heart of the EU quarter in Brussels was very ambitious. From a traffic-clogged, nondescript roundabout, it would become “an urban agora”, a greener, calmer meeting place, nothing less, said a former head of the Brussels government, than “a symbol that beats as the heart … of the European project”.It did not turn out that way. The result, say critics, is Europe’s largest frying pan, a concrete expanse with little greenery or shade. While the number of cars has reduced and the space is remodelled with smart grey paving, the centrepiece – a steel canopy with a green roof – was never built. Continue reading...
bbc.co.uk
Raw images, no filters: Why MySpace fans want it back as relaunch hinted
Fans and creators say a revived MySpace must feel personal, not algorithm-driven.
theguardian.com
Britain’s Jurassic gold rush: the fossil hunters chasing fortunes on Dorset’s beaches
Social media and soaring prices are fuelling a fossil-hunting boom, with rare discoveries worth thousands of poundsOne of UK’s best fossil collections sold overseas in ‘loss to the nation’Bent double at the waist, Martin Curtis combs a stretch of a Dorset beach with the concentration of a man searching for a lost cufflink or wedding ring.The search is meticulous – and with good reason. What he hopes to find could be far more valuable than an errant piece of jewellery. Curtis is searching instead for the telltale spiral of an ammonite, the star-shaped rod of a crinoid or rocks of a particular shape and colour that suggests there is something very special inside. He is hunting fossils. Continue reading...
cnbc.com
Inside the startup drone maker powering Ukraine's deep-strike campaign
Fire Point CEO Iryna Terekh says Ukraine has "learned the hard way" that military leverage is integral to to bringing diplomacy within reach.
theguardian.com
Private pensions are a publicly subsidised gift to the wealthy | Phillip Inman
John Healey should equalise the tax break on pension savings to stop inequalities from wideningPrivate pensions are a privilege for the lucky few and a curse for everyone else. Sold as a saviour for what would otherwise be a ruinous old age, they have become pernicious financial vehicles that allow an older generation to hoodwink younger generations, who also seek security in their latter years.To make matters worse, saving by the better off is enhanced by state subsidies, widening the divide between rich and poor in retirement while driving a wedge between the generations. Continue reading...
cnbc.com
Next big push in ETF industry? Why these risk assets are gaining traction as interest rate uncertainty persists
Collateralized loan obligations may become the next big push in the exchange-traded fund industry.
theguardian.com
New York authorities warn about gold bar scam targeting older adults
State’s attorney general says scammers have made off with more than $100m in past two yearsScammers in New York have been using gold bars to steal money from victims, primarily older adults, and made off with more than $100m over the past two years, the state’s attorney general announced on Friday.The scheme starts with victims receiving a fake pop-up message that states their computer or financial account has been compromised, the press release stated. The message includes a phone number to call, and when people do, the scammers convince the victims to provide remote access to their computers, which allows them to access their financial information or online bank accounts. Continue reading...
bbc.co.uk
Is football AI-proof? Why tech investors wanted a slice of the World Cup
What was the thinking of the investors backing the now-canned plan, and are such proposals in the future inevitable?
cnbc.com
'Moneymaxxing' isn't a trend, it's a 'cultural shift,' financial advisor says — here's how to get started
In an affordability crunch, social media's viral "maxxing" trend could lead to long-term financial security.
cnbc.com
Berkshire earnings rose last quarter and CEO Greg Abel is starting to deploy Buffett's massive cash hoard
Strength across its energy, railroad and manufacturing businesses more than offset weaker insurance results.
theguardian.com
Bar fight: Hugo cocktail takes aim at Aperol in UK summer of spritz
The elderflower drink is enjoying explosive growth, with Campari, Sarti Rosa and limoncello varieties also taking offIt’s the summer of spritz as British sales figures show the Hugo elderflower cocktail snapping at the heels of the market-leader Aperol to be this year’s favourite drink.The number of Hugos ordered in bars nearly tripled in the three months to the end of June while demand for the vibrant red Campari spritz surged 52%. Continue reading...
cnbc.com
How cleaning up space debris could grow to become a big business
As Earth’s orbit gets more crowded, companies are betting that cleaning up space junk could become a lucrative new business.
theguardian.com
Super-rich complain but experts welcome Mamdani’s pied-à-terre tax
New York mayor’s policy set to generate revenue and address housing crisis despite outcry in some quarters New York City’s introduction of a pied-à-terre tax has provided fodder for Zohran Mamdani’s critics, who accuse the democratic socialist mayor of attacking the rich – even as others welcome it as a much-needed effort to tax the wealthy in a city known for its yawning inequality and cost-of-living crisis.The tax, aimed at closing the city’s budget gap, covers people who own but do not live full-time in a house worth more than $5m or a condominium or cooperative unit worth at least $1m. Continue reading...
theguardian.com
Google DeepMind enters a new era as co-founder Demis Hassabis shifts AI role
Observers express concern that the division has lost its independence and commercial reality has taken overWhen Sir Demis Hassabis said AI had brought the world to a “pivotal moment in human history” last month, he knew another big change was imminent.This shift was closer to home. The Nobel prize-winning head of Google DeepMind, Google’s AI unit, announced this week he was relinquishing his day-to-day duties as chief executive and becoming chair. He is also taking on the role of chief scientist at DeepMind’s parent, Alphabet. Continue reading...
cnbc.com
Hugging Face hack marks start of dangerous AI cyber era and many firms 'don't even know it'
The Black Hat cybersecurity conference in Las Vegas couldn't have come at a better time, with AI agent hacks stacking up from Anthropic, Meta and OpenAI.
theguardian.com
Can Harvey Nichols find its way back to being Absolutely Fabulous again?
Mike Ashley says it’s in a ‘death spiral’ but a refocus on design could be what the department store needsSuch was the buzz around Harvey Nichols in its 90s heyday that the department store was regularly name-checked in Absolutely Fabulous, with Edina and Patsy’s frequent retail therapy trips to the store reflecting its position at the heart of the fashion industry at the time.How times change. These days Harvey Nichols is a business in trouble, one that has not turned a profit since the pandemic. Pre-tax losses were £35.3m in 2024. The retail chain – comprising the the original store in Knightsbridge, London, plus stores in cities including Bristol, Leeds and Manchester – was put up for sale in June by its current owner, Sir Dickson Poon, with Mike Ashley’s Frasers Group and Next bidding to take control. Continue reading...
theguardian.com
Train operators to crack down on ‘donutters’ and other digital ticket cheats
South Western and GTR announce fightback after move away from paper tickets increases fare dodgingThere is more than one way to commit fraud and, for some rail travellers, it has been as simple as a couple of taps on their phone as their train approaches its destination.That telltale last-minute purchase of a digital ticket – for the shortest journey that will allow them to bleep through the gates, regardless of how far they have travelled – is one of a number of illegal wheezes that train operators are trying to eliminate, with the enthusiastic backing of the government department that will directly oversee most of England’s rail services when they are renationalised next year. Continue reading...
theguardian.com
‘The market is dead’: why aren’t flats in England selling?
Figures show most leasehold flats in England do not find a buyer within six months, despite slashed prices‘The market is dead for flats,” says Susan Young*, who has been trying for some time without success to sell her two-bed flat in a popular Devon seaside resort.The first-floor property is in “immaculate condition”, Young says, thanks to the £15,000-£20,000 spent on renovations. It has “superb views” across the beach. And, perhaps most crucially, it is a freehold flat, so is untainted by the controversies associated with the discredited leasehold system. Continue reading...
theguardian.com
This burning summer is the proof: the voices of climate denial aren’t just delusional, they’re deadly | Sadiq Khan
Look at our blazing forests and parched cities. Green policies aren’t a ‘luxury’, and we can’t burn more oil and gas. People need the truthReport: Sadiq Khan calls on Andy Burnham to commit to climate action as pressure grows over North Sea oilEurope is burning. This summer, an unprecedented series of heatwaves has swept through the continent and across many parts of the globe. The consequences have been nothing short of catastrophic. In recent weeks deadly blazes have torn through France, Greece and Spain, killing firefighters, forcing people from their homes and robbing them of their livelihoods.With Tuesday marking Britain’s 34th day of temperatures exceeding 30C (86F) this year, the UK has also found itself reckoning with ferocious heat. Wildfires have forced evacuations in Suffolk and the Cairngorms. In London – where parks have become burnt, brittle and brown – hundreds of grass fires have put our firefighters under pressure like never before. In July, the weather station at Kew Gardens recorded its first ever month without rain since it started operating in 1871. As rivers run dry and reservoirs run low, farmers are warning of food shortages amid the deepening drought. With thousands of deaths already estimated to be linked to the extreme heat we saw in May and June alone, it’s likely this figure will climb higher still.Sadiq Khan is mayor of London Continue reading...
bbc.co.uk
Shop selling second-hand school uniforms for £5
A charity for families facing poverty runs the swap shop for uniforms to help with the cost of living.
theguardian.com
Union calls for robust review of OBR over fears it holds back economic growth
TUC will urge John Healey to order ‘root and branch’ assessment of watchdog amid claims its forecasts downplay investment benefitsThe TUC is urging the new chancellor, John Healey, to order a “root and branch” review of the Office for Budget Responsibility, claiming the forecaster’s approach holds back investment.With Andy Burnham promising “good growth in every postcode”, the union umbrella body is calling on Healey to use his first budget on 28 October to re-examine the assessments of the watchdog. Continue reading...
theguardian.com
Lime bikes hurtling around the city: is this the revenge of a priced-out generation? | Andy Beckett
From running red lights to dumping bikes, some Lime users get a bad rap. But many who grumble about them don’t appreciate their own privilegeThe night belongs to Lime bikes in the capital this summer. Buses and tube carriages are boiling, cars crawl between low traffic neighbourhoods and Thames Water roadworks, and pedestrians plod through the sticky heat. But Lime riders exist in a different, breezier realm: whirring along, chatting in pairs or blissfully alone, weaving through the city’s tree-lined maze, choosing impulsively between destinations, rarely stopping for anything or anyone.“My favourite part of a night out is Lime biking home,” writes Annie Lord, a dating columnist and author, in Freewheeling: Essays on Cycling. “As I ride up a hill, the bike’s electrics click … And, for a little while, I’m free.”Andy Beckett is a Guardian columnist Continue reading...
cnbc.com
Shares of this digital medical platform jumped more than 100% overnight. Here’s why
The company is seeing huge profitability potential and a larger addressable market as a result of AI search.
cnbc.com
‘SaaSpocalypse’ debate intensifies as software stocks swing wildly
This week saw massive moves in both directions for software stocks, as investors try to figure out which names are best insulated from artificial intelligence.
theguardian.com
Infantino’s World Cup sell-off debacle has rocked football but Fifa’s crisis has deep and rotten roots
It has been a remarkable few days for an institution that may be irredeemable but this is a story that stretches back to a decision in 2010There are decades in which nothing happens, and weeks in which decades happen, and those weeks tend to result in leaders being toppled. Not even a fortnight ago, Gianni Infantino was taking his victory lap on Instagram, attacking “those behind their pens and papers, behind their screens spreading hate and false rumours” who had dared to question elements of his World Cup, which had generated a record $15bn in revenues. But the next day came the revelation of his plan to sell the World Cup to outside investors and a backlash that has him scrabbling to save his presidency.It has been a remarkable few days, but this is a story whose roots stretch way back, to the decision in Zurich in 2010 to award the 2022 World Cup not to the US but to Qatar, to a furious Bill Clinton hurling an ashtray across the room and demanding action, to an FBI inquiry into corruption, and to the flipping of the larger-than-life Concacaf general secretary Chuck Blazer, who had two apartments in Trump Tower, one for himself and one for his cats. Continue reading...
cnbc.com
Trump revives effort to fire Fed's Lisa Cook
Trump aide Dan Scavino told Cook there is "sufficient reason to believe that you made false statements on one or more mortgage agreements."
cnbc.com
Burger King overtakes Wendy's as the nation's second-largest burger chain
Burger King is once again the second-largest burger chain in the U.S. by system-wide sales.
cnbc.com
Here are three key takeaways from the disappointing July jobs report
Nonfarm payrolls in the U.S. unexpectedly declined in July, but so did the unemployment rate, leaving investors with mixed signals.
cnbc.com
Trump teased an Iran deal that didn't come, but markets soared. Here’s why it keeps happening
As oil reserves and munitions stockpiles reportedly dwindle, analysts wonder how much longer markets will pounce when the Trump admin. dangles an Iran deal.
bbc.co.uk
Jeweller 'priced out' of Christmas market stall this year
Alex says a change in operator and rise in costs means this is the first winter she will not be renting a stall.
theguardian.com
The Guardian view on Gianni Infantino: in the interests of the game he professes to love, he should go | Editorial
The Fifa president’s attempt to brazen out the storm, after attempting to sell a stake in the World Cup to private equity, adds insult to injury “How did you go bankrupt?” a character is asked in Ernest Hemingway’s novel The Sun Also Rises. “Gradually, then suddenly” comes the reply. Right now, Fifa’s justly besieged president, Gianni Infantino, is experiencing something similar in relation to the loss of his own authority.Since taking over the running of world football’s governing body in 2016, Mr Infantino has survived regular criticism of a monetising approach which has often come at a sporting cost. But since egregious plans to sell a stake in the World Cup to the brother of Donald Trump’s son-in-law were leaked to the media, his credibility has been draining away at speed.Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here. Continue reading...
cnbc.com
Chesky says Airbnb will spend ‘a lot more’ on AI as earnings beat and stock surges 15%
Airbnb CEO Brian Chesky wasn’t sure AI would help the company, but a year later, he says it’s the reason growth is back.
cnbc.com
Gulf uncertainty is creating ‘win, win’ strategy with Chevron and other oil majors
With options premiums still elevated due to the military conflict in the Gulf, selling puts on an energy major posting record free cash flow offers a rare opportunity.
bbc.co.uk
How a 90-second power outage sparked chaos for rail commuters
The incident raised questions about how a disrupted power supply can have such a widespread impact.
cnbc.com
Top Democrat proposes killing tax breaks for overseas oil production
Gas prices in the U.S. averaged $4.06 per gallon on Thursday — a major source of voter discontent heading into November's midterm elections.
bbc.co.uk
Goodwin considers selling part of defence business
The firm is a key supplier of components to UK and US frigate and submarine programmes.
theguardian.com
Is the promise of AI living up to the hype? | Fiona Katauskas
It’s certainly increasing its outputSee more of Fiona Katauskas’s cartoons here Continue reading...
theguardian.com
Could Meta’s ‘pervert glasses’ be banned across the UK? - The Latest
With more than 7m pairs reportedly sold in 2025, Meta’s Ray-Ban smartglasses are fast becoming the world’s most popular new gadget.But while supporters say they are transforming photography and accessibility, others have labelled them ‘pervert glasses’, with some UK pubs and restaurants, including Wetherspoons, banning the technology from their premises.Lucy Hough speaks to the Guardian’s deputy Opinion editor Kirsty Major Continue reading...
cnbc.com
China's super-rich 'in shock' and hunting for cash as Beijing issues surprise tax on offshore trusts
Beijing's move to tax offshore trusts, long used by China's ultra-rich to hold money, has set off a rush to lawyers and a scramble for cash.
cnbc.com
A 'weaponized' yen: How the U.S.-Japan intervention may reshape global currency markets
The unprecedented U.S.-Japan intervention to support the yen may end up shaping market behavior.
cnbc.com
Iran's chief negotiator accuses Trump of 'theater diplomacy' with Hormuz traffic near standstill
The conflict is broadening across the region, with Gulf energy infrastructure and key shipping choke points under renewed threat.
bbc.co.uk
Surprise fall in US jobs last month as slow summer continues
Analysts had expected an uptick in the number of jobs created, but the number of roles fell by 23,000 in July.
bbc.co.uk
Trump administration to pay German firm $1.2bn to halt US wind projects
The RWE payout is the latest in a string of deals cancelling wind energy projects, a power source long derided by Trump.
bbc.co.uk
Mums hope school uniform swap will help families
Items were donated to the pair for a swap event held in Tavistock Library.
cnbc.com
Private equity is circling budget airlines after Apollo's EasyJet deal — and this carrier could be next
Private equity investors could target more undervalued airlines following Apollo's swoop for EasyJet.
bbc.co.uk
Meta fined $567m in largest child safety ruling against social media giant
The ruling is in addition to $375m in fines Meta was already ordered to pay in the case, for a total of $942m.
theguardian.com
Could England and Wales ever run out of water?
Last month in England was the driest July since records began almost two centuries ago. How concerned should we be?Half of England and all of Wales are officially in drought. But what does this mean and could taps eventually run dry?• The headline of this article was amended on 7 August 2026 to refer to England and Wales, rather than the UK. Also, the average usage of 139 litres of water a day is for people in England and Wales, not in the UK as stated in an earlier version; and the 47bn kilolitres of water extracted from the environment in 2023 was in England only. Groundwater was added to the list of main sources of water. Continue reading...
bbc.co.uk
What do people want from Argos?
As Sainsbury agrees to sell Argos for £120m, we ask people if they still shop there, and what the new owners can do to compete with big online retailers like Amazon.
theguardian.com
I stand to defend vertical drinking. Is a pub that doesn’t allow it a real pub at all? | Simon Jenkins
The time-honoured tradition of standing up with a drink, gossiping and putting the world to rights is under threat. If councillors ban it, we’ll all lose outIt is unbelievable: unconscionable. Westminster Council is moving against “vertical drinking” in pubs, starting with Soho. It claims drinking standing up is noisy and disruptive. It makes pubs, the council says, boisterous places where customers crowd round bars, get drunk and become pains in the neck in the street outside.Westminster’s new draft licences would require pubs to be only for seating, to have “table service in place of open bar space”. Pub users should, presumably, sit down, shut up and wait to be served, like decent Westminster people who use wine bars.Simon Jenkins is a Guardian columnist Continue reading...
theguardian.com
Why are ultra-processed food firms panicking and suing? Because they know time is running out | Felicity Lawrence
As the harm caused by their products becomes more evident, manufacturers are resorting to denial and lawsuits to keep regulation at bayIt is rare for people to drop dead holding the incriminating packaging, but there is no longer any serious doubt that consuming a diet of ultra-processed foods (UPFs) risks a catalogue of life-shortening illnesses from heart disease and stroke to diabetes and cancer. Because these diseases are degenerative over time, the food and drink industry has been able to argue for decades that its UPFs are fine in moderation. It would have us believe that there is no such thing as a “junk” individual food, only poor diets overall, and that its products therefore should not be subject to any restrictions.Just as with climate breakdown and smoking, the science on harm caused by foods high in fat, salt and sugar is now settled, but the industry continues to deny and distract to delay action. Two weeks ago, a new report highlighted the lengths to which big food has gone to stop governments implementing policies that would tackle the global crisis of diet-related disease.Felicity Lawrence is a former Guardian special correspondent, and is author of Not on the Label: What Really Goes Into the Food on Your Plate Continue reading...
theguardian.com
Homes for sale in former pubs in England – in pictures
From a house in the country once used as a drovers’ inn to a high street landmark in a bustling part of London Continue reading...
cnbc.com
The 72-hour crisis that could upend Meta’s business in India as firm risks losing legal protection
U.S. social media giant Meta is facing increasing pressure from Indian regulators, including demands to revoke the firm's safe harbor immunity in the country.
bbc.co.uk
Trump imposes 15% tariff on key chip material to counter China
The move aims to protect US firms as they face increasing competition from China's chip industry.
cnbc.com
From birth to brokerage: Why South Korea is seeing a surge in infant investment accounts
South Korean babies are turning into mini shareholders, thanks to their parents' investment strategies.
bbc.co.uk
Why airlines are warning over lithium-ion batteries
The airline industry wants passengers to be careful when travelling with lithium ion batteries.
bbc.co.uk
Argos is getting a makeover - but can it attract new shoppers?
The retailer has been around for 50 years but struggled to compete with newer rivals such as Amazon. Can its new owners turn it around?
bbc.co.uk
Business Daily
Why is global trade proving so resilient despite the tariffs and trade restrictions?
bbc.co.uk
EasyJet agrees to £5.7bn takeover by US firm
The no-frills carrier agrees to be bought by US firm Apollo after a rival suitor drops out.
bbc.co.uk
First OpenAI, now Meta - why do AI hacks keep happening?
A flood of companies are revealing AI models gained access to the internet - with real consequences.
bbc.co.uk
Cashing in on SpaceX: 'Every chance I get, I'll sell a little more'
Andre Lavoie joined SpaceX in 2009 as an engineer, now he's looking to cash in his shares in the company.
bbc.co.uk
Hospital staff work in pubs to balance cost pressure
The cost of parking at Medway Maritime Hospital has increased while shift wages have reduced by 20%.
bbc.co.uk
Shorts, strappy tops and sandals: What is acceptable to wear to work?
Here's how to style for success while keeping your cool - and where you and your boss stand on your wardrobe.
bbc.co.uk
Owner of bike maker Raleigh files for insolvency
Accell, based in the Netherlands, has owned the famous bike brand since 2012.
bbc.co.uk
Car washes and vape shops can still sponsor skilled foreign workers despite visa changes
The rules were tightened in July 2025 to restrict the scheme mostly to graduate-level employees who would be earning at least £41,700.
bbc.co.uk
'I've had to Botox my CV': Are AI recruitment tools affecting women's careers?
Are AI recruitment tools disadvantaging women who are seeking to return to the workplace?
bbc.co.uk
Thousands of young people missing out on money they don't know about
People aged between 18 and 23 may have thousands in unclaimed government accounts.
bbc.co.uk
Air India's new CEO faces financial and safety turbulence
The aftermath of last's year deadly crash and mounting financial losses will be Gebremariam's main challenges.
bbc.co.uk
Meta becomes latest firm to say its AI hacked another company
Meta is the latest company to disclose an AI agent breach, raising cyber-security concerns.
bbc.co.uk
Winemakers prosper but veg farms wilt in the drought
Growers in the West of England search for new crops to grow in a changing climate.
bbc.co.uk
Iran says deal with Oman on Strait of Hormuz is in final stages
Neither the US or Oman have commented on the proposed agreement on the vital waterway.
bbc.co.uk
US beef prices have soared but farmers aren't making more money
The meat has never been more expensive, due to supply shortages, but there's a big squeeze on profits.
bbc.co.uk
Infantino sorry for errors but stays Fifa president
Gianni Infantino will remain Fifa president after receiving backing from senior executives, but "sincerely apologises" for errors in his controversial private investment plans.
bbc.co.uk
Trump administration pays back $100bn in 'Liberation Day' tariffs to businesses
It represents roughly 60% of all tariff revenue collected under the policy, with billions still to be repaid.
theguardian.com
Why I'll never be convinced by Meta's ‘pervert’ glasses | Opinion
'Most people don’t want pervert glasses that can film us without our consent,' said a spokesperson from activist group Everyone Hates Elon. The group has launched a series of guerilla adverts deriding non-consensual filming by the glasses as well as an email campaign encouraging people to legally object to being filmed by Meta glasses under general data protection regulations, which over 20,000 people have signed.Rights groups have warned that the glasses threaten the right to privacy, while countries such as Germany are reportedly considering a ban.And while Meta’s safety guidelines say smart glasses should not be used for 'harassment, infringing on privacy rights, or capturing sensitive information', women have taken to social media to share their stories of being filmed by men without their consent.Watch as Guardian columnist and Opinion editor Kirsty Major dives into why fears of surveillance and 'creepy men' mean Meta can never convince her to love the glasses – and read more about the glasses via the link in the bio Continue reading...
bbc.co.uk
Disney agrees deal to let TikTokers use its films and TV shows in videos
A deal between will allow some creators to use clips from Disney films and TV shows in their videos.
bbc.co.uk
Prioritise new jobs over green targets to win public contracts, firms told
The changes are part of government efforts to tackle the youth unemployment crisis.
bbc.co.uk
What happened to the internet?
Faced with a barrage of ads, misinformation, AI slop, toxicity and doom-scrolling, it can feel like the internet is kind of... broken. Is it? And what are the alternatives?
theguardian.com
Better off together: could combining pension pots boost your retirement income?
Many UK workers have cash in multiple schemes – should you roll them into one? There are pros and consHow many pensions do you have? In the days of a job for life, many people had just two: the state pension and the one offered by their employer. But a combination of people changing jobs more often and rules that force employers to enrol workers into schemes automatically, means you are likely to end up with more.The number of people saving into a private sector workplace pension has doubled since 2012 to reach 23 million, according to the Pensions Regulator, largely because of “auto-enrolment”. On top of that, millions of people have personal pensions and self-invested private pensions (Sipps). And some will have all three. Continue reading...
cnbc.com
Europe's heatwave isn't cooling Asian travelers' holiday plans for the continent
Asian travelers' appetite for Europe remains resilient despite record-breaking heat, with spending in Northern Europe projected to increase.
bbc.co.uk
How tech is helping in the battle against wildfires
Tech is being used to watch for wildfires but firefighters are still needed to put them out.
bbc.co.uk
The cost of being single – and how friends are teaming up to beat it
Many singles face extra costs for housing, bills, food and holidays but there are ways to ease the burden.
bbc.co.uk
'I feel like I dug my own grave': The workers caught in the AI transition
AI is reshaping the Philippines' outsourcing industry, raising questions over the future of the industry.
cnbc.com
Michael Burry bets against rally: 'We are near a major top, and possible a 1987-type fall'
"I continue to believe it is possible we are near a major top, and possible a 1987-type fall," Burry said in a Tuesday Substack post.
bbc.co.uk
How the dry weather affects your supermarket shop
Tomos Morgan visits farm in Vale of Glamorgan to explain how the hot and dry spell affects crops.
theguardian.com
Extreme heat: why our cities can't cope | Opinion
The UK and Europe have been facing extreme heatwaves – Greenpeace recorded temperatures of up to 53C at one London playground in recent weeks. It’s clear our cities are not equipped to deal with the soaring temperatures brought by the climate crisis. With the ‘Super El Niño’ on its way, next year is forecast to get even hotter. But is anyone really doing anything about it? The Guardian’s deputy opinion editor Kirsty Major goes in search of playgrounds that are adapting to our new reality Continue reading...
theguardian.com
Metro Bank customer fights for £14,000 refund after AI-linked fraud
Lender was told money was being taken without authorisation, with cash used to buy credits for Claude chatbotA Metro Bank customer has told of his fight to get more than £14,000 back after its systems failed to stop a fraud involving the AI chatbot Claude.Zoli Rutter, a businessman from Sussex, had a total of £14,244 taken from his bank account. The scam involved fraudsters buying credits to use Claude. Continue reading...
bbc.co.uk
Assignment
How amid the tents and the rubble Gaza is developing once again as an unlikely tech hub
bbc.co.uk
Zinc dresses and ice creams - how to survive a heatwave wedding
The wedding industry is facing last-minute costs to cope with the heat and October bookings are up.
bbc.co.uk
India wants to join the strawberry superpowers
Indian strawberry farmers rely on varieties imported from the US and Europe, but that could change.
bbc.co.uk
The Chinese robot army transforming the UK's retail industry
Britain's weak productivity growth and labour shortages are creating an opportunity for China's robotics firms.
bbc.co.uk
How cow showers and fans help farmers keep cattle cool
Dairy farmers are using cow showers and fans to protect cattle as hotter summers hit milk production.
bbc.co.uk
Is it time to stop using glue and labels on paper?
Labels and adhesives can prevent paper from being recycled but there's new tech aimed at changing that.
bbc.co.uk
Why the UK is dithering over what to do about e-scooters
Why is it taking so long for the government to regulate them, and what are the consequences of delay?
bbc.co.uk
The 20-somethings betting big on tech stocks
The BBC hears from people about the risks and rewards of investing in technology shares.
bbc.co.uk
This farmer wanted to quit the cocaine industry - he couldn't
Colombians who grow cocaine's raw material bemoan a lack of support to help them switch crops.
bbc.co.uk
Is tracking your food purchases good for your health?
Food tracking apps are popular, but are they a good way to make us eat a healthier diet?
theguardian.com
AI and artists can click – a new manifesto for modern creativity
The UK is both an epicentre of global creative industries and a budding AI powerhouse. Here’s how it can balance support for creatives while also embracing technological changesWhat does it mean to be a creator in today’s modern world when artificial intelligence is reshaping relationships between humans and technology?That’s one critical question the UK creative industry has been asking itself as AI rips up traditional conventions on copyright, ownership, effort, and originality. Continue reading...
bbc.co.uk
Why Gen Z are planning for life without a state pension
Many younger people do not believe the state pension will exist when they are older
bbc.co.uk
The furious dispute over what caused Air India flight 171 to crash
The final conclusions of the investigation have yet to be published, although more could become apparent in the coming days.
bbc.co.uk
How the High Street became a window on our political instability
High Streets have declined in recent years. What does this tell us about the UK?
bbc.co.uk
The £5 coffee that tells a story of global economic turmoil
Coffees at some city centre outlets now cost £5. It's a story of tariffs, the climate, Gen Z cultural tastes, and savvy coffee farmers playing the market, writes Faisal Islam
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